OLLCC

Operated by BETTIS, BOYLE & STOVALL (P-5 68360) in the BURNING PRAIRIE (5000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198735District 02Field 13689600CondensateGasSaveExport
Value, all time
$982 k
Aug 2003 – Jul 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
60
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1981-09-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition5,737 bbl$308,346
GasProduction106,931 Mcf$673,722
Total$982,068

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.6751, -97.1168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67513, -97.11684 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,150 ft
1 wells filed one
Completion to plug
4.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,150 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-469337231 T5,150 ftJun 2007May 2012Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (60)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

60 months

Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200716020259.617.81$11,114
Mar 200714433156.927.30$10,613
Feb 200717126755.108.22$11,616
Jan 2007054850.306.73$3,686
Dec 2006053656.656.92$3,708
Nov 200615653554.207.62$12,531
Oct 200616451154.906.01$12,077
Sep 200614625860.085.04$10,071
Aug 2006030168.717.34$2,209
Jul 200615570069.376.34$15,192
Jun 200616845366.286.38$14,027
May 200615478066.016.42$15,177
Apr 200615889164.397.36$16,732
Mar 20061601,03656.707.08$16,410
Feb 200617748557.597.75$13,953
Jan 20061761,43660.598.93$23,492
Dec 20051781,04654.9413.42$23,812
Nov 20051701,24754.6910.59$22,501
Oct 20052831,06658.3413.80$31,217
Sep 200517179561.4512.08$20,111
Aug 200531394861.519.80$28,540
Jul 20051591,38955.697.84$19,750
Jun 20052111,58052.337.38$22,704
May 200528852345.226.65$16,502
Apr 20052662,48949.207.36$31,407
Mar 20051702,56150.377.15$26,887
Feb 20053382,03845.226.31$28,148
Jan 20051633,32343.166.32$28,044
Dec 20041342,48139.866.75$22,091
Nov 20041762,27245.286.33$22,352
Oct 20041512,16049.706.52$21,577
Sep 20041542,49543.245.28$19,842
Aug 20041782,99542.375.55$24,166
Jul 20041453,42438.286.08$26,383
Jun 200408,05936.106.43$51,844
May 200406,29137.486.49$40,857
Apr 200406,11134.475.86$35,801
Mar 200407,19334.365.53$39,778
Feb 200405,51832.455.51$30,402
Jan 200404,38232.036.30$27,605
Dec 200304,36430.266.30$27,500
Nov 200304,38928.804.60$20,168
Oct 200306,81828.174.76$32,451
Sep 200307,25426.314.75$34,452
Aug 200302,45029.765.13$12,568

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2007 — as filed, then multipliedworked
Condensate           160 bbl  × $ 59.61 =     $9,538
Gas                  202 Mcf  × $  7.81 =     $1,577

────────────────────────────────────────────────────
Month total                                  $11,114

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/198735 is the state's own key, not one this site invented.